Don't touch it, it's not your money. Pretty sure it will eventually be charged back. Answer from AlertBananaman on reddit.com
Justia
law.justia.com › cases › federal › appellate-courts › ca8 › 23-2551 › 23-2551-2024-09-12.html
Kelley v. BMO Harris Bank N.A., No. 23-2551 (8th Cir. 2024) :: Justia
The case proceeded to trial, and a jury awarded Kelley over $500 million in damages, finding BMO liable for aiding and abetting a breach of fiduciary duty. BMO appealed, challenging the availability of the in pari delicto defense, among other issues.
California Lawyers Association
calawyers.org › home › news › reversal of $1+ billion judgment – kelley v. bmo harris bank n.a.
Reversal of $1+ Billion Judgment - Kelley v. BMO Harris Bank N.A. - California Lawyers Association
September 23, 2025 - The receiver of Petters Company, Inc. (PCI) filed a chapter 11 petition on PCI’s behalf. The chapter 11 trustee in PCI’s bankruptcy case obtained a $1+ billion judgment against BMO Harris Bank N.A. (BMO). Applying the equitable defense of in pari delicto (“in equal fault”), the U.S.
Robins Kaplan
robinskaplan.com › experience › secured-over-1-billion-against-bmo-harris-bank-related-to-petters-fraud-ponzi-scheme
Secured Over $1.1 Billion Against BMO Harris Bank in Petters Fraud Litigation Related to One of the Biggest Ponzi Schemes in U.S. History
The jury awarded Plaintiff Douglas Kelley, as trustee for the BMO Litigation Trust, $484 million in compensatory damages and assessed an additional $79.5 million in punitive damages against BMO Harris for its role in facilitating the scheme.
SIFMA
sifma.org › wp-content › uploads › 2023 › 10 › Amicus-Brief-on-Kelley-v.-BMO-Harris-Bank-N.A..pdf pdf
Amicus Brief on Kelley v. BMO Harris Bank N.A.
SIFMA is the voice of the U.S. securities industry. We advocate for effective and resilient capital markets.
Reddit
reddit.com › r/banking › i randomly got $60.34 transferred to my paypal from bmo harris bank?
r/Banking on Reddit: i randomly got $60.34 transferred to my paypal from BMO Harris bank?
March 1, 2024 -
i wasn’t expecting money from anyone. i don’t know if i even know anyone who uses this bank. what should i do? can i spend the money? should i just not touch it? what’s going on??? edit: i wont spend it. is there a way to send it back? or will it take itself back on its own? how did this even happen??? like who sent it and why ? edit 2: im 99% sure it’s from a class action suit my mom helped me sign up for several months ago. i remember her saying it would go to my paypal, and i asked her about it today and she said that’s most likely what it is. thanks u/UIqueen for helping me figure this out. i’ll wait a little while longer just to make sure but i thinks that’s what it was
Top Class Actions
topclassactions.com › home › bmo harris bank stopped nsf fees but may have previously unlawfully charged them
BMO Harris Bank stopped NSF fees but may have previously unlawfully charged them
November 11, 2024 - Who: BMO Harris Bank is part of a class action lawsuit investigation involving non-sufficient fund fees.
Consumerfraudlegalservices
consumerfraudlegalservices.com › bmoharris
BMO Harris Bank
Past BMO Harris Bank lawsuits include failing to refund unauthorized transactions, charge disputes, unreasonable blocks or holds, hidden fees, excessive charges, deposit issues, account errors, service issues, downtime, balance errors, duplicate charges, and/or transaction problems etc.
ABA Banking Journal
bankingjournal.aba.com › home › uncategorized
Eighth Circuit reverses $563 million verdict against BMO Harris | ABA Banking Journal
October 1, 2024 - Case Summary: In a 3-0 decision, an Eighth Circuit panel reversed a $563 million verdict against BMO Harris Bank, ruling the bank should have been allowed to use the in pari delicto defense in a lawsuit claiming it aided and abetted Thomas J.
Consumer Financial Protection Bureau
consumerfinance.gov › data-research › consumer-complaints › search
Search the Consumer Complaint Database | Consumer Financial Protection Bureau
The Consumer Complaint Database is a collection of complaints about consumer financial products and services that we sent to companies for response.
Govinfo
govinfo.gov › app › details › USCOURTS-mnd-0_13-cv-02309
13-2309 - Sawczyn v. BMO Harris Bank National Association
Official Publications from the U.S. Government Publishing Office.
Illinois State Bar Association
isba.org › cases › illinois › appellate › 2025 › 02 › 14 › sevbmoharrisnationalbankassociation
S.E. v. BMO Harris National Bank Association | Illinois State Bar Association
Plaintiffs filed an interlocutory appeal of the trial court’s dismissal of one count of their three-count amended complaint. The trial court dismissed plaintiff’s claim alleging intentional infliction of emotional distress by finding that it was barred by the two-year statute of limitations and/or failed to state a cause of action for IIED.
Robins Kaplan
robinskaplan.com › resources › news › 2019 › 07 › jury-trial-adverse-inference-sanction-ordered-in-case-against-bmo-harris-bank
Jury Trial, Adverse Inference Sanction Ordered in Case Against BMO Harris Bank | Resources | Robins Kaplan LLP Law Firm
December 7, 2021 - The case is Kelley v. BMO Harris Bank, N.A., No. 19-cv-01756-WMW in the United States District Court for the District of Minnesota (originally filed as Adversary Proceeding No. 12‑04288 as part of the Petters bankruptcy (No.
Department of Justice
justice.gov › usao-edca › pr › bmo-harris-bank-pays-10-million-resolve-fraud-allegations
Eastern District of California | BMO Harris Bank Pays $10 Million To Resolve Fraud Allegations | United States Department of Justice
October 12, 2018 - BMO Harris Bank, N.A. (“BMO Harris”) will pay $10 million to resolve allegations that M&I Marshall & Ilsley Bank (“M&I Bank”), which BMO Harris acquired in 2011, violated the Financial Institutions Reform, Recovery and Enforcement Act ...
BMO Financial Group
newsroom.bmo.com › 2024-09-12-Eighth-Circuit-Court-of-Appeals-Overturns-Petters-Judgement,-in-BMOs-Favour
Eighth Circuit Court of Appeals Overturns Petters Judgement, in BMO's Favour - Sep 12, 2024
12, 2024 /CNW/ - BMO Financial ... of BMO's U.S. subsidiary, BMO Bank National Association. The lawsuit related to a Ponzi scheme carried out by Thomas J....
The Globe and Mail
theglobeandmail.com › report on business › business commentary › bmo’s behaviour in u.s. court imperils shareholders
BMO’s behaviour in U.S. court imperils shareholders - The Globe and Mail
February 10, 2022 - BMO, still standing and with deep pockets, was an obvious target for those attempting to recover money for Mr. Petters’s victims. The trustee is asking for US$1.9-billion in compensatory damages.
Yahoo! Finance
finance.yahoo.com › news › bmo-triumphs-us-court-voids-165600504.html
BMO Triumphs as US Court Voids $564M Verdict in Ponzi Scheme Case
September 16, 2024 - The company's U.S. subsidiary, ... ordered one of its subsidiaries, Harris Bank, to pay $564 million. The lawsuit concerns a Ponzi scam run by Thomas J....
Findlaw
caselaw.findlaw.com › court › il-court-of-appeals › 116937972.html
S.E., J.E., and B.E., Plaintiffs-Appellants, v. BMO HARRIS BANK NATIONAL ASSOCIATION BMO BMO 1992 (2025) | FindLaw
8, 2016)) against defendant, BMO Harris Bank National Association (BMO). Count I sought recovery for William's alleged intentional infliction of emotional distress on plaintiffs. Plaintiffs contend that the trial court erred in holding that ...
American Banker
americanbanker.com › news › bmo-harris-handed-setback-in-multibillion-dollar-court-battle
BMO Harris handed setback in multibillion-dollar court battle | American Banker
July 26, 2022 - “BMO Harris looks forward to ... — declined to comment. ... An Oct. 7 trial date looms in a case involving allegations of document destruction. The high-stakes lawsuit could complicate BMO's pending acquisition of Bank of ...